The Wall Street Journal
In an interview with The Wall Street Journal, BCG’s Global Chair Rich Lesser discusses the vital role of technology in the shift away from fossil fuels. While solar, wind, and many battery technologies are now cost-competitive, others such as carbon capture and direct air capture will require public subsidies and substantial investments to lower their cost and make them scalable in the future. “We need support to build this infrastructure and make it affordable so that the private sector wants to adopt it and wants to use it,” Lesser says.